Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
ginsan
on 25/10/2024, 21:15:34 UTC
That's why we need to understand that investment must be done in a much more responsible way and there is no need to force it beyond our capabilities. When thinking emotionally and greedily in making a profit in bitcoin, someone will be trapped with unhealthy thinking skills and try to do something quickly to make a profit, but in the end we reach a stage of loss that was never imagined. In fact, when we use a long-term pattern, the investment method used should be much easier and we can slowly collect bitcoins.

Waste of costs is a problem for some people who may be involved in trading or investing, but the method you convey can be applied by those who buy bitcoin with a slightly smaller budget. Once $500 is accumulated, people can send bitcoins to a much more secure wallet, making the sending costs much more affordable for those on a smaller budget.
Long-term investment is better applied for every investor, they only need to make purchases and hold. Yes, maybe the points you make are quite good, but I think investors will not expect profits in the near future unless they have invested since 2015. So far, many old btc wallets have been active again by transferring their btc to the exchange and the btc wallet is 15 years old, where the owner made his first deposit to kraken by selling a little of his ownership.

Source: https://x.com/ArkhamIntel/status/1848450924773040151?t=XDEGBajc95rOl5csLoBKTA&s=19

So in conclusion, if we invest in the long term, there is an opportunity to make a profit and it is not impossible because we have seen btc continue to rise in price.

Wasteful withdrawal fees can probably be prevented, by withdrawing it every month compared to once a week. So the main thing to do, can we fully concentrate every week to keep buying bitcoins.